To analyse the impact of effective talent management strategies on travel and tourism industry

This presentation aims to analyze the impact of effective talent management strategies on the travel and tourism industry, with a focus on Hilton hotel. It discusses the objectives, project management plan, research methodology, data analysis, and conclusions of the study.

Research project

Table of content
INTRODUCTION
P1 Device project aims and objectives for chosen scenario.
P2 produce a project management plan that cover aspects of scope, time, cost and quality.
P3 Produce the work break down structure and Gantt chart to provide specific timeframes.
P4 RESEARCH METHODOLOGY
P5 DATA ANALYSIS
CONCLUSION

Project Title
 Title: To analyse the impact of effective talent management strategies on travel and
tourism industry. A case study on Hilton hotel.

INTRODUCTION
 Talent management is a process by which enterprise and organizations recognise or
develop talented candidates who can have positive impact on business in terms of
productivity and profitability. It has become key component of HR management but also
have a responsibility of manager and leaders at mange to different talent level within
organization. An effective strategies related talent management applicable in business
process that will increase overall productivity as well as profitability in marketplace.

P1 Device project aims and objectives for chosen scenario.
 Aim: To analyse the impact of effective talent management strategies on travel and tourism industry. A
case study on Hilton hotel.
 Objective:
 To Determine the impact of talent management on the performance of organization.
 To evaluate that talent management at retaining the efficient and high performing employees within
organization.
 To recommend that overcome barriers in business by implementing the talent management strategies.

P2 produce a project management plan that cover aspects of scope, time, cost and
quality.
 Scope: The scope of project is to determine specific role of investigator and enhance that how it
useful for further enhancement.
 Risk: It can be generated the risk related financial crisis and other type of operational risk.
 Cost: As per estimation, the investigator will identify total cost required in project appropriately
$1000.

Cont.
 Time Duration: The researcher or investigator will complete the project within 3 Month.
 Quality: Researcher will deliver the best quality of project and used an appropriate source
for collecting data or information in project.
 Resources: there are different type of resources required in research project such as
capital, software, hardware, equipment and manpower.

P3 Produce the work break down structure and Gantt chart to provide specific
timeframes.
Activities/Week W1 W2 W3 W4 W5 W6 W7 W8
Determine research
project
Review literatures
choose research
methodology
Data collection
methods etc.
Analyses of data to
answer research
question
Drawing conclusion
and giving
recommendations
Submission of
research report
Editions and final
submission

Work break down structure

Gantt chart

P4 RESEARCH METHODOLOGY
 Research method: It is a process that useful for data collection while identifying existing
previous work for further expansion. It can be divided into different category such as
Qualitative and Quantitative. Researcher has chosen qualitative method for purpose of
data collection because it is based on the existing theories which useful for researcher in
further enhancement.

Cont.
 Research Design: It is conceptual framework that design entire process of methods for
analyzing variables effectively. Through research design, researcher has taken important
decisions related the entire design pattern. The research design can be divided into
different types: exploratory and conclusive. The investigation has chosen exploratory
design that provide brief overview of research project and also help to gain more
background information or data.

P5 DATA ANALYSIS
Theme: 1 Talent management strategies impact on performance of business.
Frequency Respondent
 Strongly agree
 Agree
 Strongly disagree
 Disagree
7
4
6
3
Total 20

Theme:2 Talent management strategies useful in retaining the efficient and high-
performance employee within organization
Frequency Respondent
 Strongly agree
 Agree
 Strongly disagree
 Disagree
6
6
4
4
Total 20

Theme:3 Are employees satisfied with the current talent management
strategies.
Frequency Respondent
 Strongly agree
 Agree
 Strongly disagree
 Disagree
8
2
5
5
Total 30

Effective talent management strategies in Hilton hotel
 The organization know that they must have the best talented and skilled employee who always
focused on business goals. It has rapidly increasing the performance and efficiency of employee in
marketplace. it must ensure that business have considered both quality as well as quantity to cover
future aspects. It can possible when Hilton hotel include effective talent management strategies
that will increase success of business. In this way, it easily establishing connection with team
members and providing clear expectation so as they can manage their overall performance in
organization. by using talent management strategies, it also demonstrated relationship between
talent and business performance where it directly impacts on creating more values.

CONCLUSION
 In above discussion, it has summarised that there are maximum employees agree on the concept of
talent management strategies that directly impact on the business performance. Hence, it can be
determined that management process plays important role for providing various type of benefits or
advantage of business. The report is mainly focused on the research topic as impact of effective
talent management strategies on Hilton hotel. It has been covered the primary aim and objective to
further complete study. Furthermore, it concluded that talent management strategies always inspire
or motivate employee towards organizational goals that increasing profitability as well as
productivity in global marketplace.

RECOMMENDATION
 It has recommended that Hilton hotel should adopt the talent management strategies in their
business operations and functions. In this way, it become easier to retain talented candidates and
bring out the best quality of workforce.
 It has been suggested to make plan that closely related to talent gap. It should be integrated with
the strategic for changing overall business policies.
 Hilton hotel needs to provide professional development opportunities for employee so that they
can improve skill and knowledge. In order to gain new idea for implementing in business
operations.

REFERENCES
 Lenz, M.V., 2018. Talent management as a vital business model component.
 Wiblen, S. and Marler, J., 2018. The Influence of Talent Concepts on Big Data and HR
Analytics Use in Talent Management. Academy of Management Global Proceedings,
(2018), p.70.

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